Sasken Technologies (India) Today

SASKEN -  India Stock  

INR 1,370  18.65  1.34%

Sasken Technologies is trading at 1369.70 as of the 24th of September 2021, a -1.34 percent decrease since the beginning of the trading day. The stock's open price was 1388.349976. Sasken Technologies has about a 42 percent probability of financial distress in the next few years of operation but had a somewhat good performance during the last 90 days. Equity ratings for Sasken Technologies Limited are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of September 2020 and ending today, the 24th of September 2021. Click here to learn more.
 Market Performance
13 of 100
  Odds Of Distress
Less than 42
Follow Valuation Odds of Bankruptcy
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Sasken Technologies Stock Profile

Sasken Technologies Limited provides product engineering and digital transformation services worldwide. Sasken Technologies Limited was founded in 1989 and is headquartered in Bengaluru, India. Sasken Technologies operates under SoftwareApplication classification in India and is traded on Bombay Stock Exchange. It employs 1520 people. more on Sasken Technologies
Sasken Technologies appears to be risky and price may revert if volatility continues
About 59.0% of the company outstanding shares are owned by corporate insiders
Legal NameSasken Technologies Limited
Thematic Classification
Currently Active Investing Idea (view all)
  Technology
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Sasken Technologies' available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellOvervalued
Sasken Technologies Limited (SASKEN) is traded on Bombay Stock Exchange in India and employs 1,520 people. The company currently falls under 'Large-Cap' category with current market capitalization of 21.44 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Sasken Technologies's market, we take the total number of its shares issued and multiply it by Sasken Technologies's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Sasken Technologies operates under Technology sector and is part of Software—Application industry. The entity has 15.05 M outstanding shares. Sasken Technologies Limited has accumulated about 1.24 B in cash with 1.12 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 82.6.
Check Sasken Technologies Probability Of Bankruptcy
Ownership
Sasken Technologies shows a total of fifteen million fifty thousand outstanding shares. Sasken Technologies maintains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how much assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.

Ownership Allocation (%)

Check Sasken Ownership Details

Sasken Stock Price Odds Analysis

What are Sasken Technologies' target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Sasken Technologies jumping above the current price in 90 days from now is about 16.39%. The Sasken Technologies Limited probability density function shows the probability of Sasken Technologies stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Sasken Technologies Limited has a beta of -0.6129. This usually implies as returns on benchmark increase, returns on holding Sasken Technologies are expected to decrease at a much lower rate. During the bear market, however, Sasken Technologies Limited is likely to outperform the market. Additionally, the company has an alpha of 0.5945, implying that it can generate a 0.59 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Odds Down 1369.7HorizonTargetOdds Up 1369.7 
83.52%90 days
 1,370 
16.39%
Based on a normal probability distribution, the odds of Sasken Technologies to move above the current price in 90 days from now is about 16.39 (This Sasken Technologies Limited probability density function shows the probability of Sasken Stock to fall within a particular range of prices over 90 days) .

Sasken Technologies Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Sasken Technologies market risk premium is the additional return an investor will receive from holding Sasken Technologies long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Sasken Technologies. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Sasken Technologies' alpha and beta are two of the key measurements used to evaluate Sasken Technologies' performance over the market, the standard measures of volatility play an important role as well.

Sasken Stock Against Markets

Picking the right benchmark for Sasken Technologies stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Sasken Technologies stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Sasken Technologies is critical whether you are bullish or bearish towards Sasken Technologies Limited at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Sasken Technologies without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Analyst Recommendations

Analyst recommendations and target price estimates broken down by several categories
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Additionally, take a look at World Market Map. Note that the Sasken Technologies information on this page should be used as a complementary analysis to other Sasken Technologies' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Other Tools for Sasken Stock

When running Sasken Technologies price analysis, check to measure Sasken Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sasken Technologies is operating at the current time. Most of Sasken Technologies' value examination focuses on studying past and present price action to predict the probability of Sasken Technologies' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Sasken Technologies' price. Additionally, you may evaluate how the addition of Sasken Technologies to your portfolios can decrease your overall portfolio volatility.
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